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4 Bed Detached House For Sale Fairey Street, Birmingham, B45

£350,000- Detached

Yield: 3.47%
1 of 15
Yield: 3.47%
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  • Rental Guide: £810 - £1,015
  • 4 Bedroom(s)
  • Description
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  • Floor Plan
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Key Features

  • Detached Family Home
  • Four Bedrooms
  • En-suite Shower Room
  • Family Bathroom
  • Reception Hall With Fitted Cloakroom
  • Lounge
  • Fitted Dining Kitchen & Family Room
  • Gas Ch & Pvc Double Glazing
  • Garage & Off-road Parking
  • Private South Westerly Gardens
Last Updated: 30th May 2020

Description

This deceptively spacious detached family home is situated in a desirable village convenient for commuting to Birmingham, the national motorway network and the facilities of Barnt Green, Bromsgrove, Longbridge and Birmingham Great Park. The property also offers private landscaped rear gardens with a lovely south westerly aspect.

The property more particularly comprises:

A canopy porch with a double glazed front door opening to the SPACIOUS RECEPTION HALLWAY 13'5" x 4'3" < 6'3" (4.09m x 1.30m < 1.91m) having stairs to the first floor, understairs cupboard, doors to lounge and kitchen, radiator, ceiling light point and a door to:

Cloakroom - Having a white low flush w/c and a pedestal wash hand basin with tiled splashback, obscure double glazed window, radiator and a ceiling light point.

Lounge - 6.10m x 3.20m (20'0" x 10'6") - (Measurements include bay) having a double glazed bay window to front, feature fireplace with an electric fire, t.v. aerial point, telephone point, radiator and a ceiling light point.

Fitted Dining Kitchen & Family Room - 6.17m x 3.53m < 4.50m (20'3" x 11'7" < 14'9") - (Measurements include units) having a range of base and wall units with worktop surfaces, single bowl/single drainer sink with a vegetable preparation bowl, recesses for dishwasher, washing machine and fridge/freezer and a built-in electric oven and four ring gas hob with an integrated cookerhood over. Tiled flooring, radiator, double glazed window to rear, double glazed window with twin French doors opening to the rear garden, two ceiling light points and a cupboard housing the gas-fired combination boiler.

From the hallway, the stairs with a double glazed window to the side and a balustrade lead up to the FIRST FLOOR LANDING having an access hatch to the loft, radiator, ceiling light point and a large built-in store cupboard.

Bedroom One - 3.30m x 3.00m < 4.67m (10'10" x 9'10" < 15'4") - (Measurements include wardrobe) having a large built-in wardrobe with two sliding mirror doors, double glazed window to rear, radiator, ceiling light point and a door to:

En-Suite Shower Room - 2.49m x 1.57m (8'2" x 5'2") - (Measurements include suite & recesses) having a white suite comprising: A low flush w/c; pedestal wash hand basin; and a large shower cubicle. Part tiled walls, 'Karndean' flooring, obscure double glazed window, radiator, extractor fan and a ceiling light point.

Bedroom Two - 3.33m x 3.07m < 4.01m (10'11" x 10'1" < 13'2") - (Measurements include recess) having a double glazed window to front, radiator and a ceiling light point.

Bedroom Three - 2.79m x 2.36m (9'2" x 7'9") - Having a double glazed window to rear, radiator and a ceiling light point.

Bedroom Four - 2.79m x 2.11m (9'2" x 6'11") - Having a double glazed window to front, radiator and a ceiling light point.

Family Bathroom - 2.13m x 1.68m (7'0" x 5'6") - (Measurements include suite) having a white suite comprising: A low flush w/c; pedestal wash hand basin; and a panelled bath. Part tiled walls, 'Karndean' flooring, obscure double glazed window, radiator, extractor fan and a ceiling light point.

Outside -

Garage - 5.41m x 2.74m (17'9" x 9'0") - (Door width 7'0" 2.13m) having a metal up-and-over door to front, obscure double glazed door to the rear garden, concrete base, light and power points.

To the front, the garage is approached over a tarmac driveway along the side of the house, providing off-road parking for two cars.

Gardens - (Front) The house stands behind a small lawned front garden behind railings and is approached via a gate over paved steps.
(Rear) The property benefits from private landscaped rear gardens with a lovely south westerly aspect, comprising: A large paved patio to the rear of the house with two steps up to the lawn with established borders to both sides and a large raised bed across the rear.

General Information -

Tenure - The vendor advises us that the property is FREEHOLD. Allan Morris & Peace Limited would stress that they have not checked the legal documentation to verify the status of the property and would advise the buyer to obtain verification from their solicitor.

Council Tax Band: E - (Bromsgrove District Council)

Epc Rating: C - (Energy Performance Certificate)

Directions - From the agent's Barnt Green office, turn right into Hewell Road, then left at the end of the road and proceed under the bridge into Kendal End Road. Follow the road on into Barnt Green Road. At the end of the road take the third island exit into Groveley Lane, then take the fifth turning on the right into East Works Drive, then first right into Fairy Street, where the property will be found on the right, as indicated by the agent's 'for sale' board.
Agent Details
Allan Morris & Peace
18, High Street, Bromsgrove, B61 8HQ
Show Contact Number
01527 874 646

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Fully Classified
3.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
8.4

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
3

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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Rental Data
4 Bedroom properties in “B45” are mostly listed between £810 - £1,015. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested